Marketplace Ministries Inc in Plano, Texas (TX)

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Marketplace Ministries Inc
Employer Identification Number (EIN)751977793
Name of OrganizationMarketplace Ministries Inc
Address2001 W Plano Pkwy Ste 3200, Plano, TX 75075-8646
ActivitiesOther religious activities
SubsectionReligious Organization
Ruling Date12/1984
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$1,000,000 to $4,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$4,739,162
Amount of Income$14,516,120
Form 990 Revenue Amount$14,329,347
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Christian


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Amount of income in 2012: $14,516,120 (it was $12,351,825 in 2011)
Marketplace Ministries Inc: 

 $14,516,120
Other organizations performing similar types of work: 

 $121,427

Assets in 2012: $4,739,162 (it was $2,461,740 in 2011)
Marketplace Ministries Inc: 

 $4,739,162
Other organizations performing similar types of work: 

 $102,900

Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$12,299,231
Contributions, Gifts, Grants and Other Similar Amounts$717,933
Program Service Revenue$11,542,295
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$7,914
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$1,000
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $1,000
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0
Gain or (loss) (Securities / Other)$0 / $1,000
Net income from fundraising events$27,281
Gross income from fundraising events$79,875
Less: direct expenses$52,594
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$2,808
Statement of Functional Expenses (for 2011)
Total functional expenses$11,621,746
Compensation of current officers, directors, trustees, and key employees$505,635
Other salaries and wages$7,338,011
Payroll taxes$201,091
Professional fundraising services$0
Other$3,577,009
Balance Sheet (for 2011)
Total assets$2,461,740
Total liabilities$341,038
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$341,038
Total net assets or fund balances$2,120,702
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$3,653,432
Gifts, grants, contributions, and membership fees received$3,567,742
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$85,690
Gross receipts from related activities, etc.$57,178,525
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Fairview Ministries Inc210 Village Dr, Downers Grove, IL 60516-3036IL1989-12$4,074,757
2Maranatha Bible And Missionary Conference Inc4759 Lake Harbor Rd, Norton Shores, MI 49441-5284MI1945-09$3,140,720
3Ariel Ministries11926 Radium St, San Antonio, TX 78216-2713TX1977-09$2,327,234
4Comunidade Evangelica Vida Abundante Inc, Abundant Life Evangelical Community627 Schuyler Ave, Kearny, NJ 07032-4201NJ1997-08$873,524
5Second Presbyterian Church Foundation Inc4055 Poplar Ave, Memphis, TN 38111-6022TN1998-08$873,175
6Mission Of Love Charities Incorporated6180 Old Central Ave, Capitol Heights, MD 20743-6148MD1992-08$834,682
7Koinonia Christian Ministries205 East State Street, Kennett Square, PA 19348-3111PA1975-09$269,215
8Friends Of Creation Spirituality IncPO BOX 422964, San Francisco, CA 94142-2964CA1985-04$160,425
9American Remnant Mission Inc140 Mayhew Way Ste 504, Pleasant Hill, CA 94523-4371CA1977-12$97,699
10Sharing Ministries International IncPO BOX 1563, Conroe, TX 77305-1563TX1997-10$6,875
11Liberty Educational Ministries Inc1301 S Hwy 377, Argyle, TX 76226TX1990-11$25,580,820
12Omega Charitable Developers Inc9801 Westheimer Rd Ste 302, Houston, TX 77042-3955TX1996-06$18,305,663
13Bible Study Fellowship19001 Huebner Rd, San Antonio, TX 78258-4040TX1960-08$17,121,146
14Marketplace Ministries Inc2001 W Plano Pkwy Ste 3200, Plano, TX 75075-8646TX1984-12$14,516,120
15Rightnow Ministries International3304 Essex Dr, Richardson, TX 75082-9708TX1991-03$5,997,267
16Living Proof Ministries12131 Malcomson Rd, Houston, TX 77070-2381TX1995-11$3,077,174
17Mission Waco Mission World Inc1315 N 15th St, Waco, TX 76707-2203TX1991-12$2,423,131
18Mount Abarim Baptist Mission International IncPO BOX 173067, Arlington, TX 76003-3067TX1993-12$1,910,337
19Global Advance IncPO BOX 742077, Dallas, TX 75374-2077TX1991-03$1,710,249
20Aldersgate Enrichment Center IncPO BOX 1406, Brownwood, TX 76804-1406TX1988-08$1,663,504
21Biblical Arts Center Miracle At Pentecost FoundationPO BOX 12727, Dallas, TX 75225-0727TX1966-03$1,237,859
22Arise Shine Ministries3406 Stage Coach Trl, Weatherford, TX 76087-8266TX1994-09$1,190,080
23Hope For The Hungry IncPO BOX 786, Belton, TX 76513-0786TX1983-06$1,137,544
24Featherock Conference Center Inc934 Holub Rd, Schulenburg, TX 78956-5324TX1992-05$1,029,490
25Care Center Ministries IncPO BOX 171059, Dallas, TX 75217-1151TX1990-05$886,678
26Probe Ministries International Inc2001 W Plano Pkwy Ste 2000, Plano, TX 75075-8610TX1973-10$852,298
27New Remnant MinistriesPO BOX 1908, Colleyville, TX 76034-1908TX1994-05$788,776
28Brookhaven Retreat Inc748 County Road 3909, Hawkins, TX 75765-4003TX1985-05$659,556
29Christ Commission For RomaniaPO BOX 5, Van, TX 75790-0005TX1996-10$633,289
30Crossway International Inc14 Fabra Oaks Rd, Boerne, TX 78006-7901TX1998-07$581,119
Number of organizations performing similar types of work
Alaska20
Alabama89
Arkansas55
Arizona138
California1,197
Colorado179
Connecticut75
District of Columbia36
Delaware25
Florida493
Georgia246
Hawaii55
Iowa41
Idaho30
Illinois300
Indiana296
Kansas70
Kentucky140
Louisiana91
Massachusetts103
Maryland183
Maine19
Michigan355
Minnesota98
Missouri164
Mississippi50
Montana24
North Carolina231
North Dakota12
Nebraska32
New Hampshire20
New Jersey263
New Mexico49
Nevada49
New York580
Ohio411
Oklahoma153
Oregon94
Pennsylvania270
Rhode Island9
South Carolina73
South Dakota11
Tennessee142
Texas745
Utah13
Virginia167
Vermont3
Washington160
Wisconsin94
West Virginia40
Wyoming10
International12
Total8,215

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